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Trump's Fed Chair Pick Triggers Gold, Silver's Worst Day Since 1980: What's Moving Markets Friday?
benzingahace 14d

Trump's Fed Chair Pick Triggers Gold, Silver's Worst Day Since 1980: What's Moving Markets Friday?

Precious metals sold off violently on Friday after President Donald Trump announced Kevin Warsh as the next Federal Reserve chairman, ending a powerful rally that had stretched for weeks. • SPDR Gold Shares stock is showing notable weakness. What’s behind GLD decline?Silver prices plunged as much as 33% to $78 an ounce during midday trading in New York, marking a historic reversal from the explosive gains the metal had posted earlier in the month. If the session closes near these levels, it would be silver's worst single-day decline since 1980.Just a day earlier, silver had been on track for its best monthly performance since the U.S. Civil War in 1864, up roughly 60%. By the final trading day of January, that surge had abruptly collapsed into a still sizeable but far less extraordinary monthly gain of around 10%.Gold Drops Below $5,000 As Wall Street Reprices Fed Independence FearsThe reversal was equally violent in gold. The yellow metal fell to $4,700 per ounce, a 12% daily decline that would also mark gold's worst session since March 1980 if sustained into the close.The SPDR Gold Shares (NYSE:GLD) tumbled 12% – the ...Full story available on Benzinga.com

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Evodrop’s malic acid system targets limescale while preserving minerals
digitaljournalhace 14d

Evodrop’s malic acid system targets limescale while preserving minerals

Evodrop’s engineers began with a demanding question that placed them at the center of their own story: how could limescale be eliminated at its source without stripping water of its minerals? rely on every day, while also reducing the environmental burden of traditional softening systems. Their answer emerged through years of experimentation with bio-based chemistry, as they focused on malic acid and its ability to bind the compounds that cause scale without relying on salt, synthetic resins, or electricity. The result is a technology that preserves calcium and magnesium in drinking water, while eliminating limescale from the water and reducing deposits in pipes and appliances. This performance has drawn attention from laboratories, industry juries, and international award committees.The post Evodrop’s malic acid system targets limescale while preserving minerals appeared first on Digital Journal.

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